Business Studies Unit 1 Revision

HideShow resource information

Sources Of Business Ideas

  • Spotting trends and anticipating their impact: by looking at the popularity of existing products/services in a market an entrepreneur can decide whether or not it is viable for them to start a business in that market and whether or not it will succeed or failure.
  • Identifying a market niche: this involves noticing something that is missing from a market or that can be improved


No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »